Today's video: https://screencast-o-matic.com/watch/cYeZqnyxttGroup mentorship bear market session MUST WATCH: https://youtu.be/iIKrDefZ7UUBib bounce today as the market is up 7% on stimulus news. Keeping mind that bear markets can have extreme powerful bounces before the next leg down. Thus we must be nimble and cautious. Corona stocks are lagging today while beaten down stocks are on fire, some up in the 20-30% range. We took profits in NFLX today and were stopped out of UBER short. Stocks in play include XHB, KBH, TOL, NAIL, UAL, WYNN, ULTA, FCX, SHAK, ROKU, ZM, WORK, TDOC, FB,The market is at historic oversold levels. Caution must be used.The watchlist from today's mentorship session:
- Usual suspects: FAANG, NVDA, MSFT, SPY, QQQ, IWM, XLF, SMH
- Beaten down: USO, XLE, UAL, BA, WYNN, MGM, RCL, KSS, DIS, TSLA, TOL, SIG, BBBY, CAKE, UBER
- Corona plays: ZM, CLX, GILD, TDOC, NFLX, WMT, TGT, AMZN, BABA, COST, DLTR, KR, REGN, CTXS, WORK, PTON, EA, MSFT, CPB, HRL, GRUB, RAD
ETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBBKey long leveraged ETFs (if reversal): TQQQ, TNA, LABU, ERX, SOXL, FAS, BRZU, NAIL, YINNHow to use new site*: https://youtu.be/DwVI21S9cb8Current Positions: Added UBER short. Still holding NFLX.https://screencast-o-matic.com/watch/cYeZqnyxtt